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A deafening silence. You would have presumed that any information gathered from Mr Inza that related to any concern felt by investors would automatically be shared, or I just very naive?
Then you must be able to answer every question that has been posed on this MB over the last few months. Please enlighten us. The 100 million shares? Sawyer standing down? Evaluation of the patents? Why are they not being marketed? Why would it appear that no one is interested? Why have letters not been sent out? Why have VPLM not done what they said they would do and looked to build revenue. What is this Southpark firm doing exactly? Why do people suggest you are part of a fraud and scam? Why do you not communicate with the shareholders regularly? The list goes on and on as you know. Maybe I rang him whilst he is away on holiday? I don't know all I can say is he did not answer or return two of my calls. You could always re post his phone number (FLorida number?) and email addy to make sure I have the correct number.
Imagine the post, today I spoke to Mr Inza and posed all the questions that are concerning shareholders over the last four months or more and this was his reply to each question?
I said I phoned, not sent that I sent emails but if you say he answers emails I will try that route. Shame if he is so willing to answer emails that he does not keep everyone updated and informed of current events
And as your manager I would be demanding results and suggesting if your contacts were not what you hoped then a tradeshow may indeed be a good idea to increase potential client knowledge and interest.
This is a fundamental question why would representatives of VPLM not be attending?
So it would appear you are well versed in the patents and their potential and have a good understanding of the content that you posted. What are the deficiencies exactly?
I want to believe. However this is where I turn to those with long running experience, from the DD I have done the only reference to any offer was made by the BOD. I can find no public references to the patents being evaluated nor any public mention of any interest in VPLM or their products. I have even phoned and left messages for Mr Inza to call me but to no avail. If you have anyway of giving an investor who purchased at the top end of the market some hope then would you please share some of your DD that maybe I have not been able to access or follow?
As far as the frustration level in shareholders, I indeed have a shared feeling but as far as I am concerned, there are a ton of items in plain sight that have recently reduced this frustration, some of them as recent as today, all people have to do is open their eyes and they would find them. They offer a great deal of insight as to why this may be taking a lot longer than first expected.
Please, please, instead of discussing left and right shoes can you from the ton of items in plain sight, (without pointing to the patents as we all know they exist even though they have no intrinsic value as no one has evaluated them let alone made an offer on them) enlighten me and share one hard concrete fact that relieves your frustration?
How is it clear to you with all respect when this board is nothing but speculation? The BOD as far as we know are living it up on the Costa Del Sol because we as "investors" hear and see absolutely nothing and are left hanging in the dark. Is this the way any reputable company would operate at any level? I would expect to see more news and updates even for a mad scientist inventing a time machine.
The trouble is as you dig from what I can see is that their resumes are very one sided and there is little if any independent support/proof for who they claim to be. For example qualifications from institutions renown for selling them as opposed to earning? Why oh why would these people if so renowned in their fields be involved in anyway whatsoever with, Chang, Malik and Inza? If so influential with a huge cell phone company why have their contacts not been all over these patents. Just doesn't add up in my world. Please correct me if there is independent verification on Sawyer and Tucker like notarized notes from ex presidents?
So other than the realization that this all seems to be going down the pan and that no one from the BOD it would appear is ever contactable nor wants to inform us the shareholders of anything. The fact that more and more of the faithfull would appear to becoming ever more sceptical, what can actually be done about it? Just kids it all goodbye and sing lesson learnt?
The opinion of the BOD? When you don't have any news or opinion in almost four months, when there is complete and utter stony silence and the stock price slides on an almost daily basis, when you can see or hear no interest from anybody anywhere in these patents, what may I ask do you take comfort in? What keeps your faith?
Based on what exactly? Can you provide one shred of evidence that they have spoken to "ANY" potential purchaser and from there, one shred of evidence that "ANY" supposed interested party is exactly that, interested?
I was one of those schmucks who purchased at 0.29, did all the DD I could looked good on the surface, backed by many on this board. Think Sunspotter was one of the only ones offering caution at the time. So I would desperately like to see some proof, evidence and or even a glimmer of hope. The BOD's silence is deafening, worrying and downright p&$$ poor business practise.
Did I note that the post that Inza makes comment on is from the consumerman someone dedicated to making sure that people don't fall foul of scams?
Naive maybe trusting of advise from friends. Never ever been suckered by scams before in my life and always been very cynical of any "free lunch." But as we know we are none infallible and at some point in our lives have been ripped off, even if for only a dollar. That however does not necessarily make the retail client greedy. Investing, taking a risk and trying to make money is capitalism the society structure we were born into. I hope and pray that these people when your concerns and evaluation have been proven correct actually end up doing some serious time. If as you say this is the world of the pinks and is home to every potential scam artist due to lack of control and scrutiny then would love to see this company shone up in lights for what it is and used as a benchmark for any other potential con artist and be shown that there is a day of reckoning. I also agree that if any broker was truly recommending this stock then they should have their licence removed or fully publish all of their DD and exactly why they would have touted it as an investment backed with all their evidence.
Think what shocks me the most is that we all know that this message board is read by members of the BOD but apparently as one poster retorted they do not give a rats what is said on here, but why. Why would you not promote yourself, your company, your brand, your reputation and quash the naysayers with hard facts and evidence. No corporation big or small would let negative feedback spin out of control as ione negative comment is the equivalent of a 1000 positives. Or do they actually want the stock talked down to zero? Are there other motives at play? Incorrectly issues shares. Involvement with a company fined for taking advantage of people and profiteering. Qualifications more purchased than earned. Bizarre behaviour, wanting to sue for a film idea. Bitter infighting between BOD members. Promoter who has been likened to a time share tout. Good offers that would have realized .50 a share apparently turned down flat. Website details not correct and bit corrected for a long time. Promises made and not seen through. A whole ream of patents recently sold giving a rough guide valuation of 0.001. Blackberry recently applying for their own LI confident they can shown enough differences between patents to pull it off. Where are the positives? As a member of the BOD you really let your shareholders sit in the dark hypothesizing for months on end and that's all good?
I can't believe how stupid I was to invest my wife's and my money into this company especially at .29 cents what a lesson I have learnt. To me this is the nail in the coffin. How could anyone believe that MS would pay a $billiion when all they have to do is put their techs on to any patent. examine, find flaws, plug the flaws, tinker so as that the new patent is not a direct copy and heh presto. What did that cost them? Six software architects on $250,000 a year, yup around $1.5 million, bargain.
900 million for 4000 patents. An average price of $225,000.00 per patent. Does this then mean VPLM's portfolio may be worth all of one and a half million dollars? Or around 0.001 per share? Is this the closet to a valuation we have seen, which of course still depends on th being actually applicable to the current market and someone wanting to actually own them?
Microsoft no fact to back up that they are not interested and that it takes time.
VPLM to Microsoft. "Looks like we have something you wanted?"
Microsoft to VPLM. "Maybe."
VPLM to Microsoft. " We will sell it to you for a billion dollars!"
Microsoft to VPLM. "Hahahaha."
VPLM to Microsoft. "Hello?"
VPLM to Microsoft. "Hello?" Etc etc....
If Microsoft were that interested in or if they wanted Lawful Intercept that badly do you think we would still be sat here waiting for them to make an offer?
I am sorry V most law firms will represent anyone at any time on any position so long as they are being paid. What have we actually seen from this law firm by the way?
Inevitably huge volumes or not they continue to edge down in value week by week.
Fact, fact, fact you quote and yet you seem not to be able to underline one point with any substantive fact. Claiming the BOD is flawless? That just seems silly.
Fact. Patents are real. Absolutely, and here is the but however,where is any proven value. Where is there any proof that they are in any way foundational to today's market and needs. How many patents are cast each and every day to lie useless for eternity.
Fact. They are sought by Fortune 500 companies. Name one. Name one Fortune 500 company that has indicated anywhere and in anyway whatsoever that they seek VPLM's patents. I think here you would point to Microsoft. In response I would then ask, how many patents do Microsoft file each year and part two if and if they thought they had missed out on a patent that was pivotal then why oh why has there been no offer to date. It leads one to only assume that it was just one of a bunch of patents they filed for as a nice to have but oh well.
Fact. The BOD is flawless. Then please talk with regard Mr Chang and Mr Inza, qualifications posted that appear more purchased than earned. Then Malik himself who claimed to have had the idea for Avitar until the court date and that is flawless?
Fact. There has been some bizarre issuing of stock.
Fact. Sawyer has stood down.
Fact. The BOD have not accomplished what they informed us they would do this year.
Fact. There have been no infringement letters posted
Fact. The stock slumps.
Fact. The patents remain unknown and not discussed.
Fact. There has been no marketing
Fact. Fact the BOD claim they are only now being introduced to Fortune 500 companies with no details.
Fact. There would have to be no blackout on saying we have approached and are in communication with the likes of Apple, Microsoft, Google, exciting times.
Fact. There is no firm, tangible news.
Please, please show me, I am wrong in any DD I have done and put me right.
Please name one good reason that you would not be attacking all forms of media promoting the patent suite and what it means to the industry. Any company that does not promote itself and it's products has surely failed? Is it not that simple?
Media.
1. Using VPLM as yet another example of pink sheet scams and how they should be better regulated and controlled and how these criminals should pay the price.
2. Rags to riches story the biggest story of the decade just look at what VPL'M has, how can anyone ignore this?
Both these options cover the two sides of the coin on this MB. Promoting either one to news desks locally and natioanay can only bring attention to a company that at the moment seems otherwise dead in the water. Make or break as someone recently suggested.
My simple question is why are the BOD not constantly hounding the media and raising awareness of their inspirational, foundational patents? Just what is gained by stealth mode? Microsoft have put a gagging order out there have they saying if these patents are discussed publicly and people become aware of them then we will not bid for them? Ridiculous. Why would the BOD not want to draw as much attention as possible to the company? Unless of course they do not want the surface scratched too hard and face some awkward questions. Peehaps we should offer the company up on Dragons Den and see if we can convince the dragons to invest. What do you think there response will be. I am in or I am out?
Well have just sent all the info I could find to the BBC World News Desk so will be interesting to see if they take up the story of the most incredible patents ever.
One will spout "fact" but one does not have the time nor energy to back that fact up? It should not take you more than a few minutes to type which patent is being used, how, when, by whom and in what possible way that is of any benefit to a VPLM shareholder.
You would strongly suggest more DD? Would love to know what many of us are missing and where else to dig that would allow any new, positive information to surface.
How do you explain the lack of any news or indeed actually lack of anything from the supposed BOD?
Name one reason that this stock does not scream scam? Where oh where are you getting any information that makes you so sure or confident? Information that is apparently readily available but not published on this board to quiet the sceptics. Please help put my cynical mind at rest and help me believe I have not been scammed of a few thousand dollars? Oh wait I am wasting my time asking am I not because you can only be bothered to post "fact" but cannot be bothered to support with any substantive proof or evidence to support said "facts" as you don't have the time or energy. Pffft.....
Fact that the patents are sought by major companies? The support of that fact is where? How would you know this for a fact and no one else in the world does? The patents are being infringed by major companies? This should be the easiest fact to prove. Where, how and by whom? The BOD is flawless? Show me please how each one stacks up to be who they report to be? Put to rest the claims of phony educations links to shady companies and scams. Get them to come forward and support their company and their shareholders. Get them to support one thing they said they would complete by the end of 2014.
Yet to see any proof of anything positive. Seems like one just has to have faith and faith alone
Waiting for a licensing agreement and or an acquisition! That's something that's positive.
Waiting and waiting and waiting. No third party valuation or confirmation that patents have any viable use, patent office themselves could not determine. No media interest. No information from the BOD on anything tangible. BOD happy to constantly keep shareholders in the dark and let them make any and every uneducated guess possible. Aussie Agents embarrassingly quite. No evidence of any infringement letters being sent to anyone whatsoever. Patents becoming older and older as technology moves forward at alarming pace. Of every 1000 patents raised less than what 1% make it to a viable application? I believe Eddison submitted and had approved over a 1000 and only a small percentage made it to market.
For those that purchased at 0.01 happy days and fortunes made if and when sold at top of market when with dubious blackouts hype was high. For those that purchased at anything above 0.10 this stock is nothing but a dud. Unless and a huge unless RI can find a way of re-promoting some hype that one of the big players close to pulling the trigger. Surely there cannot be anymore "news" left to filter that could possibly jump this stock again? Otherwise there has to be and will continue to be an inevitable slide back to 0,00.
Please can someone, anyone provide any tangible evidence that this stock is even worth 0.5 cents. Please don't say can't be bothered, do your own DD because I have and at the moment rue the day that I purchased in high double figures. So you see I want to believe, was convinced by what from DD looked like a good bet, but now as have delved even deeper left feeling totally scammed and struggle to see anything "POSITIVE" what so ever. If you are so convinced then maybe you would like to purchase my shares at what I paid for them?
Have never heard of a company allowing all shareholders to sign an NDA and then release them information otherwise not available. Have not seen VPLM offer to do it either. Then once signed you are allowed to infer you know and have information that is vitally important and points to a huge windfall but not infer as to why, how or to whom?
Absolute stone cold silence from the BOD about anything and everything. Alleged improper behaviour with share issues. No third party examination of patents. No value placed on patents. No media reported interest in patents by anyone anywhere. Patent office could not determine a practical use for patents. Shares continue to go down apparently heading for a zero value. Why then would anyone purchase or stay long? Please just give some clear logic
Tech on the market that already says it can bypass any LI. The fact that nobody understands the patents. You yourself write they are so complex that only a highly trained specialist can determine. Where is that determination? I can't find it anywhere. From what I can see even when approved the patent office wrote that they could not determine any practical use for these patents. On the market for what a year and there is NO interest from any party. There is no exclamation from anyone asking what do we have here. There are no reports of a single infringement letter being sent out. The BOD report absolutely nothing of any note what so ever. I could go on and on but the basic point is in plain English if we do not understand what these patents are for and there is no break down in simple plain language from a recognized expert anywhere that supports them and their value what exactly do we have other than a few peices of paper that were stamped at a patents office along with another piece of paper stating that office does not understand where or how they can be deployed? Or have I totally missed something?
Then name one good, strong proved use for these patents. Explain why if they are so fundamental why they have not already been purchased. Why has no one acknowledged any infringements?
I feel so stupid! Purchased $5k at 0.29. Listened to a colleague who convinced me this stock had wings. I looked at the patents, read the boards and there seemed to be logic. Now on further examination it appears that the parents mean nothing and bear nor have any reality or meaning to any company out there. Quite frankly I feel sick.
Thank you.
My question is, while this patents have been stamped approved does anyone know exactly what they are meant to do and how? If no one clearly understands that and my impression is even the patent office was unsure then what is there value other than $0.00 to anybody?
Thought Malik was seriously ill in hospital
Looking forward Monday morning